Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cabletron Systems (CS: NYSE) -- Ignore unavailable to you. Want to Upgrade?

To: john p. carney who wrote (8047)	6/26/2000 10:02:00 PM
From: KLH	Read Replies (1) \| Respond to of 8358

ADVISORY/Cabletron to Provide Financial Information for all Four Subsidiaries in Press Release and First Quarter 2000 Earnings Call -0- *T (BUSINESS WIRE)-- Date: June 28, 2000 Time: 5:00 p.m. EDT What: Cabletron previously announced that its business will be transformed into four new companies: Aprisma Management Technologies, Enterasys Networks, Global Network Technology Services, and Riverstone Networks. The financial information provided concerning these subsidiaries had been limited, and had included no historical financial information. To provide investors with greater clarity concerning the business models for the four companies, on its quarterly earnings conference call this Wednesday, June 28, 2000, Cabletron will provide the following information: First Quarter, Fiscal 2001 (ended June 3, 2000) Revenues, Gross Margin, Guidance on operating income Historical Revenue Annual Fiscal 2000 (ended Feb. 29, 2000), Fourth Quarter Fiscal 2000 Future Periods Guidance on projected growth rates Long term guidance on gross margin and Operating Income Cabletron will also provide updated guidance on the timeline for its transformation strategy including potential IPOs. This information will be contained in the press release and conference call. Within 15 minutes following the call, a transcript of the call, as well as powerpoint slides containing the financial information will be available on Cabletron's web site, cabletron. Conference Call Dial-in Number: 415.247.8511 (No password required) About Cabletron: Cabletron Systems is a holding company for infrastructure companies Aprisma Management Technologies, Enterasys Networks, Riverstone Networks and Global Network Technology Services, focused on the new Internet economy. Listed on the New York Stock Exchange as CS, Cabletron is an S&P 500 index company.